Approval under section 35(1)(iii): institutions must keep separate research accounts and file annual audited returns and reports. Approval under section 35(1)(iii) is granted to specified organisations as 'Institution' for stated periods, subject to conditions: maintain separate books for research activities; file an annual scientific research return to the Secretary, Department of Scientific & Industrial Research by 31 May; and submit audited annual accounts and audited income & expenditure accounts for research to the Director General of Income-tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income-tax (Exemptions) by 31 October, in addition to filing the return of income-tax to the designated Assessing Officer.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(iii): institutions must keep separate research accounts and file annual audited returns and reports.
Approval under section 35(1)(iii) is granted to specified organisations as "Institution" for stated periods, subject to conditions: maintain separate books for research activities; file an annual scientific research return to the Secretary, Department of Scientific & Industrial Research by 31 May; and submit audited annual accounts and audited income & expenditure accounts for research to the Director General of Income-tax (Exemptions), the Secretary, DSIR, and the Commissioner/Director of Income-tax (Exemptions) by 31 October, in addition to filing the return of income-tax to the designated Assessing Officer.
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